Many traders in Nigeria focus on entries, yet the biggest determinant of survival is position size. Drawdowns rarely come from one bad idea alone. They come from a series of trades where exposure was ...

One of the most important elements of profitable forex trading consists of prudent money management. While it may not sound glamorous, knowing about forex position sizing could save you considerable ...

Forex, or the foreign exchange market, is where trillions of dollars change hands daily through currency transactions. Successful trading in this dynamic market requires not only theoretical knowledge ...

Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...